I wouldn't mind seeing this, the lag problem could easily be fixed i think. Since what creates the lag is the elements actions, the decoration layer would not have the effect because the elements actions would be disabled. The only thing that would be there would be the color of the element. I like the idea and hope it will be implemented.
Yay, finally an idea that gets support! And I just tought of another use: working art guns! Ya know those non-functional but very cool art of guns some ppl make? With this, they could work :D